| General information | |
|---|---|
| Global rank: | 1682 |
| Name: |
VeriumReserve |
| Symbol: | VRM |
| Current coin price (TRY): | 4.04 ₤ |
| Last hour: | arrow_downward-1.05 % |
| Last 24 hours: | arrow_downward-2.88 % |
| Last 7 days: | 21.59 %trending_up |
| Capitalisation (TRY): | 11 869 158.41 ₤ |
| Volume 24h (TRY): | 0.000000 ₤ |
| Available supply: | 2 938 570.00 VRM |
| Proof type: | PoWT |
| Start date: | 16/09/2016 |
| VeriumReserve (VRM) website: | http://www.vericoin.info/ |
VeriumReserve/Turkish Lira (VRM/TRY) price chart
VeriumReserve/Turkish Lira (VRM/TRY) capitalisation and volume charts
Verium is a cryptocurrency created by the developers of Vericoin. Together, these two coins (Verium and Vericoin) create a "system" in which Vericoin acts as currency, due to its cheap transaction fees and faster block times, while Verium acts as a store of value due to its higher fees and slower blocktimes that dis-incentivize spending. Verium uses the Proof of Work Time consensus protocol that has variable block times to increases blockchain performance and security. PoWT also allows mining to be GPU and ASIC resistant.